Subhash Chad Gupta, New Delhi V. ACIT, Central Circle-29, New Delhi

ITA 5480/DEL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4926 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 1 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2014-2015
• Appeal Filed On: 21-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GAURAV PUNDIR SENIOR
• Section: 15

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH E EE E : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND AND AND AND MS. SUCHITRA KAMBLE MS. SUCHITRA KAMBLE MS. SUCHITRA KAMBLE MS. SUCHITRA KAMBLE, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO . .. . 54 5454 54 80 8080 80 /DEL/20 /DEL/20 /DEL/20 /DEL/20 1 11 1 8 88 8 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : 2 : 2: 2 : 2 0 00 0 1 11 1 4 44 4 - -- - 15 1515 15 S SS S HRI SUBHASH CHAND HRI SUBHASH CHAND HRI SUBHASH CHAND HRI SUBHASH CHAND GUPTA GUPTA GUPTA GUPTA , ,, , C/O RAVI GUPTA, ADVOCATE C/O RAVI GUPTA, ADVOCATE C/O RAVI GUPTA, ADVOCATE C/O RAVI GUPTA, ADVOCATE E EE E- -- -6A, KAILASH COLONY, 6A, KAILASH COLONY, 6A, KAILASH COLONY, 6A, KAILASH COLONY, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 048. 110 048. 110 048. 110 048. PAN : PAN : PAN : PAN : AAAPG2554K AAAPG2554K AAAPG2554K AAAPG2554K. .. . VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -29, 29, 29, 29, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : NONE. RESPONDENT BY : SHRI GAURAV PUN DIR , SENIOR DR. DATE OF HEARING : 29 2929 29.0 .0.0 .09 99 9.2021 .2021 .2021 .2021 DATE OF PRONOUNCEMENT : 29.09 29.09 29.09 29.09.2021 .2021 .2021 .2021 ORDER ORDER ORDER ORDER PER R.K. PANDA, AM PER R.K. PANDA, AM PER R.K. PANDA, AM PER R.K. PANDA, AM : :: : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2014-15 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-30, NE W DELHI DATED 27 TH JULY, 2018. 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE LEARNED COUNSEL FOR THE ASS ESSEE, VIDE EMAIL DATED 24 TH SEPTEMBER, 2021 HAS REQUESTED FOR WITHDRAWAL OF TH E APPEAL FILED BY THE ASSESSEE AND STATED THAT THE AS SESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHE ME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF TH E DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. ITA-5480/DEL/2018 2 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 29 TH SEPTEMBER, 2021. SD/- SD/- ( (( ( SUCHITRA KAMBLE SUCHITRA KAMBLE SUCHITRA KAMBLE SUCHITRA KAMBLE ) )) ) (R.K. PANDA (R.K. PANDA (R.K. PANDA (R.K. PANDA ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER ACCOUNTANT MEMBER ACCOUNTANT MEMBER ACCOUNTANT MEMBER ACCOUNTANT MEMBER VK. COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR